Riskonnect
by Riskonnect, Inc. · Audit Management
Integrated risk management platform with an internal audit management solution.
Updated August 2026 · By the ERP Research Editorial Team · Independent and vendor-neutral.
- Deployment
- Cloud
- Company size
- Mid-market, Enterprise
- Pricing
- Modular annual subscription, quote-based
- Founded
- 2007
- Headquarters
- Atlanta, Georgia, United States
Overview
Riskonnect is an integrated risk management (IRM) platform founded in 2007 and headquartered in Atlanta, Georgia. It is majority owned by private equity firm Thoma Bravo and has grown partly through acquisition, including Marsh ClearSight, and reports serving more than 2,000 organizations across six continents. Its Internal Audit Software sits alongside related modules for internal controls management, enterprise risk management, compliance monitoring and business continuity on the same underlying platform.
The internal audit module centralizes controls management and monitoring, audit findings management with remediation tracking, and workpaper management for electronically housing audit evidence and documentation. Continuous controls testing uses robotic process automation and machine learning to automate parts of the testing process, and storyboard-driven dashboards communicate audit status to stakeholders. Pre-built risk assessments help scope audits, and automated task assignment with email reminders, plus engagement-letter creation, move engagements through the audit lifecycle end to end on a single platform.
Riskonnect states its platform complies with SOC 2 and ISO 27001 security standards. Pricing is licensed per user on an annual subscription basis, with additional components for the intake portal, professional-services implementation fees, ongoing service hours, data services and data-center fees, varying by project size and complexity. British Telecom (BT) is a publicly cited customer reference for Riskonnect's risk management use.
Screenshots & demo
Demo video from the vendor's YouTube channel. Screenshots sourced from Riskonnect, Inc..
Modules & capabilities
Riskonnect covers 19 of 44 capabilities we track in this category (+1 partial)
43%- Risk-based audit planningRisk-based audit scoping via pre-built risk assessmentsCore strength
- Audit universe / auditable-entity libraryNot evidenced
- Annual & multi-year audit plan builderNot evidenced
- Auditor resource & schedule managementNot evidenced
- Standards-aligned audit methodologyNot evidenced
“Not evidenced” means our research found no public documentation of this capability — the vendor may still offer it. Confirm on a demo.
Common use cases
- Running the internal audit lifecycle end to end on a single platform, from planning to remediation
- Automating parts of controls testing with RPA and machine learning
- Scoping audits quickly using pre-built risk assessments
- Centralizing audit workpapers and evidence in one electronic repository
- Communicating audit status to stakeholders through storyboard-driven dashboards
- Tracking remediation of findings with automated task assignment and reminders
- Linking internal audit data with enterprise risk management and compliance monitoring already on Riskonnect
Strengths & considerations
Strengths
- Continuous controls testing applies RPA and machine learning rather than relying only on manual sampling
- Audit module shares a platform and data with Riskonnect's internal controls, ERM and compliance monitoring products
- Grew through acquisition (including Marsh ClearSight), broadening the platform's risk-domain coverage
- Multiple implementation tiers let customers choose a price point matched to project complexity
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Full Riskonnect pricing breakdown — cost at 25/100/500 seats, competitor rates & FAQs
Riskonnect publishes no pricing. It is an established operational and enterprise risk platform consolidating risk data with real-time indicator monitoring, configurable dashboards and dedicated modules for claims, incidents and insurable risk — which puts it in the same band as LogicGate's mid-market to enterprise range of roughly $150,000 to $600,000 a year. Its insurable-risk and claims depth is unusual in GRC and is where the price is justified; buyers wanting compliance automation alone should look lower down the market. Get an independent shortlist with pricing guidance below.
What does Riskonnect cost?
Riskonnect prices by quote, like most of this category. Here is what actually drives your number — and what to ask before you get one.
8 of the 13 vendors we track in this category publish no list price at all.
Technical & security
- Compliance
- SOC 2, ISO 27001
About the vendor
- Founded
- 2007
- Headquarters
- Atlanta, Georgia, United States
- Employees
- 800+
- Ownership
- Private equity (Thoma Bravo)
- Notable customers
- BT (British Telecom)
Alternatives to Riskonnect in Audit Management
Riskonnect — frequently asked questions
What does Riskonnect's internal audit module cover?
It covers controls design and monitoring, continuous controls testing, findings and remediation tracking, workpaper and evidence management, and audit-status dashboards, all on Riskonnect's shared risk platform.
Does Riskonnect automate control testing?
Yes. Riskonnect uses robotic process automation and machine learning to automate parts of the continuous controls-testing process.
Who owns Riskonnect?
Riskonnect is backed by private equity firm Thoma Bravo and has grown through acquisitions, including Marsh ClearSight.
What security standards does Riskonnect comply with?
Riskonnect states its platform complies with SOC 2 and ISO 27001 security standards.
How is Riskonnect priced?
Pricing is a per-user annual subscription, plus additional fees for the intake portal, professional-services implementation, ongoing service hours, data services and data-center hosting, varying by project size and complexity.
Compare Riskonnect head-to-head
The Audit Management Buyer's Guide
Before you commit to Riskonnect, see how it sits against the 13 audit management systems we track — on capability, ERP integration depth and what each one actually charges for.
Audit Management Buyer's Guide
13 systems compared · 2026
ERP Research
- Riskonnect compared side-by-side with 12 alternatives
- ERP integration checklist — what to verify before you shortlist
- The pricing questions that change the quote
- A Riskonnect evaluation brief, included with the guide
Audit Management Buyer's Guide
Get a quote for Riskonnect
Riskonnect publishes a list price, but the number you pay depends on volume, modules and integration scope. Tell us your setup and we'll come back with a realistic figure and the alternatives worth quoting against it.